Samantha Is the Owner of a Flower Shop

question 82

Multiple Choice

Samantha is the owner of a flower shop. She has five employees that all report directly to her and she makes all the decisions regarding the type and quantity of flowers and looks after the shop's finances. Which type of organizational structure does Samantha have?

• A) bureaucracy
• B) virtual structure
• C) matrix structure
• D) boundaryless structure
• E) simple structure

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Definitions:

Foreign Exchange Gain

A gain resulting from changes in exchange rates affecting the value of assets, liabilities, or transactions denominated in foreign currencies.

Income Statement

A financial statement that reports a company's financial performance over a specific period, illustrating revenues, expenses, and net income or loss.

Interest-Bearing Note

A debt instrument that pays interest to the lender over the term of the loan.

Put Option

A financial contract giving the option holder the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.